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20121004
20121004
Search Results 0 to 6 of about 7 (some duplicates have been removed)
to make up that revenue mr. romney has said he wants to clear out the underbrush of deductions and loopholes but has not specified how he would do it. >> governor romney has made it plain. first of all, he doesn't want tax cuts for the rich. he's proposing lowering the top marginal rate to 28% obama's own commission recommended cutting it to 24%. so mitt romney's saying, i'm coming in 4% higher than obama's own commission. and by the way, obama's commission by getting rid of loopholes raised a trillion dollars in revenue. it didn't cut revenue at all. it rsed revenue while cutting the rates more than mitt romney wants to cut the rates. now how is that a $5 trillion hole? >> governor strickland? >> hey, chris, can i talk just for a moment. >> as long as it is just for a moment. >> he has a $5 trillion tax cut plan. he says it's going to be revenue neutral because he's going to offset it by getting rid of loopholes. the only loophole he had enough courage to mention last night was big bird and public broadcasting. you know, the tax deductions where the real money is, chris, is th
, the debate was wonky without being especially honest. which deducts would mr. romney curtail to avoid as he insisted he would having the lower tax rates he proposes add trillions to the debt? he didn't say. onmaintaining he would not under any circumstances raise the taxes on middle in americans. how would mr. obama strengthen social security over the long term must be done? he didn't explain, only a tweak is needed. the president saying that he would -- that he had embraced simpson-bowles. >> he had not. >> if you ask simpson and bowls, he did not. he gave them a pat on the back and sent them out of the rose garden. >>> you're right. we went into this and said there's two guys debate, there's 90 minutes, almost exclusively focused on the economy, we'll get some meat on the bone here. but we forgot that this is politics. there are less than five weeks to go before the election, and there are certain things, mitt romney's tax plan, barack obama on social security, barack obama on simpson bowls and debt reduction, they don't want to put meat on the bone. people criticized the moderator. i'm n
hit pretty hard on the $5 trillion, the big amount mr. romney kept getting thing done by president obama, his president right saying mitt romney's numbers do not add up? >> no, he was not right. what romney is proposing is lowering tax rates, getting people back to work to generate tax revenues. he never said that taxes on the rich would make up for the deficit. president obama kept saying that. obviously he did not get how that works. tracy: listen to the sound bite from last night, mitt romney talking about the off shoring of businesses and tax businesses. >> to get a deduction for taking a plant overseas? i have been in business 25 years. i have no idea what you are talking about. i maybe need to get a new accountant, but the idea you get a break for sending jobs overseas is simply not the case. tracy: christian, was governor romney right on that point? >> no, he was actually wrong. earnings that do not subject to income tax money that is held offshore in effect incentivizing companies to have offshore jobs and keep the money outside the united states. i don't know where the gov
contrast, and i think mr. rency there was right. i mean, governor romney is talking about greater tax cuts and hoping that this time instead of growing deficits is grows jobs, and president obama's talking about a more balanced approach in line with the sort of policy choices and mix of investments and also balanced approaches that -- neil: but, governor, what did you make of the argument that governor romney used? mr. president, if you were for extending all the bush rates a couple years ago, and arguably the gdp was stronger than it was and is now, and you argue that now and then was not the time to do it? then he did catch the president in a, what the, you know what. >> i think the president, the situation he found himself in was he did not want to see taxes go up on people making less than $250,000 a year. he wanted to see and consistency said he would like to continue that level of taxation on people earning less than $250,000. he was running in, however, to a very hard core obstruction deal saying we're not going forward with that if you don't include the millionaires and billionaire
it in advance. there were other great lines. mr. president, as president you're entitled to a plane and a house but not entitled to your own facts. and who was that guy with humor? who knew that mitt romney was funny. there were a couple of moments there where, particularly at beginning he said i'm sure you wanted --. melissa: spend your anniversary with me. that was a good one. >> yeah. but no, look the people got a real good sense who he was. that is what these deweights are like. in 1980, ronald reagan had been depicted as sort of a warmonger came across in the one debate with carter affable, thoughtful, able governor of a big state. you know what? he reassured me. a lot of that happened for mitt romney last night. particularly can you sense what is happening in the real world and economy i have to live in? people walked away last night, got a plan and knows what is going on. melissa: carl, we've got to jump. thank you so much for your analysis. >> you bet. thank you. melissa: even the democrats said the president's performance last night was not up to par after all the spin began after the
Search Results 0 to 6 of about 7 (some duplicates have been removed)